This is a Chart of BTC at 30.5k.
I think BTC goes up for the next 2-3 weeks.
then Melt up to 38k or bleed down to a HL (28k Closing)
Based on a weekly chart with a single monthly candle range.
That BTC bounced from this week. (25.7k-31.4k White lines)
The bigger orange zone should be support.
Red and Green is RES and SUP.
This can get very bad in NOV 23, DEC 23 or JAN 24
I think BTC goes up for the next 2-3 weeks.
then Melt up to 38k or bleed down to a HL (28k Closing)
Based on a weekly chart with a single monthly candle range.
That BTC bounced from this week. (25.7k-31.4k White lines)
The bigger orange zone should be support.
Red and Green is RES and SUP.
This can get very bad in NOV 23, DEC 23 or JAN 24
Comment:
Bounce and go
Comment:
Big wick of top side Support
move above 30.6k = Long
move above 30.6k = Long
Comment:
Double top bounce support of 29.35k
Comment:
close below 29.1k = short ---> 28k
Comment:
Wick???? Still Long
Comment:
Retest???
Comment:
Orange Box Bounce???
Comment:
The current ranges of BTC is good for volume zones.
But very bad for structure. I wait to see a lower ranges max 23.6k
and then rebound to lower high 24.4k
But very bad for structure. I wait to see a lower ranges max 23.6k
and then rebound to lower high 24.4k
Comment:
Low HIgh, high 25.4
Comment:
is 25.8k a buy floor???
Comment:
time decay can get BTC to 22.5$ by end 01/24
Comment:
Want to see a High time frame double bottom to setup next year cycle
20050k$
20050k$
Comment:
Finally the melt up I wanted
Comment:
Now to hit 38.5k PLS